How to treat a previously endogenous factor as exogenous

General DSGE Modeling

jpfeifer August 8, 2020, 10:08am 3

Please do not double post. See

No steady state and NO IRF RESULTS Steady state

You should not approach this from a technical perspective, but from an economic one. What you are asking is inconsistent with rational expectations modeling.

So what is it that you are trying to do?

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